Groupe PSA’s annual report reveals that the manufacturer currently exceeds 2021 EU average fleet emissions targets by 19.1 CO2g/km, which unless substantially reduced over the next year, could result in fines of €7 billion based on EU penalties. The manufacturer would also have to spend €28.6 billion - or 39% of its annual revenue - to offset last year’s emissions.
Groupe PSA’s best-selling models from each of its brands were the most polluting on the market in 2019, resulting in total emissions of 33.7 billion kg of CO2 based on sales alone.
Cost to Offset
Breaking down the best-selling models from each brand owned by Groupe PSA reveals a total carbon footprint of 33.7 billion kg/CO2, which would cost €5.05 billion to offset. Groupe PSA also produced two of the top ten most popular flagship models on the market last year - the Vauxhall Insignia and the Peugeot 508 - which brings the total cost of offsetting emissions to €5.7 billion.
Peugeot
Best-Selling Model
208
Number Sold
224,848
Carbon Footprint
11,062,521,600KG
Cost to Offset
€1,659,378,240
DS Automobiles
Best-Selling Model
DS 7 Crossback
Number Sold
27,940
Carbon Footprint
1,374,648,000KG
Cost to Offset
€206,197,200
Opel Vauxhall
Best-Selling Model
Corsa
Number Sold
221,630
Carbon Footprint
10,904,196,000KG
Cost to Offset
€1,635,629,400
Citroën
Best-Selling Model
C3
Number Sold
210,465
Carbon Footprint
10,354,878,000KG
Cost to Offset
€1,553,231,700
Average Model Cost
Opel Vauxhall
Insignia
Number Sold
45,925
Carbon Footprint
2,259,510,000KG
Cost to Offset
€338,926,500
Peugeot
508
Number Sold
41,329
Carbon Footprint
2,033,386,800KG
Cost to Offset
€305,008,020
The Auto Emissions Report
The Auto Emissions Report created by NetBet Casino dissects industry studies and annual sales reports to reveal how far the ten best-selling auto manufacturers are from meeting 2021 EU carbon emission targets, and how much it would cost them to offset their carbon footprint over the past year.
The EU fleet-wide average emission target of 95 CO2g/km and fines of €95 per CO2g/km are as stipulated by EU legislation. All sales figures are from the latest year available and relate to the European market, or US if not available in the case of the Ram 1500. The following brands were excluded from the analysis due to insufficient sales data: Daihatsu and Abarth.
The average CO2 emissions for each brand is determined by Greenpeace. The cost to offset emissions relates to the mean cost of pulling CO2 from the atmosphere at €150 per tonne. The annual and lifetime running costs of flagship models are based on the emissions of each engine as stipulated by the manufacturers and are multiplied by 20,117 km per year for 12 years, based on the average lifespan of a new car.
Data is gathered from auto manufacturers' annual sales reports, manufacturer sites, EUROPA, transportenvironment.org, Greenpeace, CarSalesBase and Carbon Engineering’s study on pulling CO2 from the atmosphere.